Why founders deliberately avoid external financing

▤ Summary

Qonto highlights a pattern among small businesses in Germany: many are dealing with liquidity pressure, yet still avoid external financing. The survey suggests that founders often prefer cutting their own pay rather than giving up independence. The article frames this as a mindset issue among entrepreneurs rather than a company transaction or product announcement. It is relevant to readers tracking fintech vendors serving business customers, but it does not describe a direct market event at Qonto.

▦ Linked Companies